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Home Latest News

Naftogaz lawsuit against Gazprom stands at nearly $30bln

byCT Report
22/02/2016
in Latest News
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MOSCOW: Ukrainian Naftogaz is seeking compensation, the company’s head said here the other day.

“There are potential compensations which we seek from Gazprom. The amount is nearing $30 billion,” Kobolev said.

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Previous data estimated the total claims of Naftogaz to Gazprom standing at $25.7 billion. The Russian gas giant itself claims $29.2 billion from the Ukrainian company.

Naftogaz and Gazprom have been involved in legal proceedings with mutual claims since 2014.

The Ukrainian gas company expects the court to take a decision on its dispute with Gazprom over the gas purchase contract until the fall of 2016, and on the gas transit contract in December 2016.

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